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Shah Shares His Latest Views on Microsoft, Apple and Facebook

During the last nine months, retired hedge-fund manager Shah Gilani – who runs the Capital Wave Forecast and Short Side Fortunes advisory services here at Money Map Press – has gone against the Wall Street “crowd” in recommending Microsoft Corp. (Nasdaq: MSFT), Apple Inc. (Nasdaq: AAPL) and Facebook Inc. (NYSE: FB) to Private Briefing subscribers.

As usual, it paid dividends to heed Shah’s advice…

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    The Next Eastman Kodak Co. (NYSE: EK): Companies Headed for Bankruptcy in 2012

    Eastman Kodak Co. (NYSE: EK) filed Chapter 11 early this morning (Thursday), becoming one of the first to file among the staggering number of U.S. companies headed for bankruptcy this year.

    The Rochester, NY-based company, started in 1880, has been bleeding money since consumers ditched film for digital photography. Eastman Kodak listed assets of $5.1 billion and debt reaching $6.8 billion in its U.S. Bankruptcy Court filing.

    "They were a company stuck in time," Robert Burley, an associate professor at Toronto's Ryerson University, told Bloomberg News. "Their history was so important to them, this rich century-old history when they made a lot of amazing things and a lot of money along the way. Now their history has become a liability."

    Kodak stock had fallen more than 35% by 2:00 p.m. today, bringing its total slip for the past year to more than 93%.

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